Orinda, Octagon plan loft/retail conversion - Triangle Business Journal:

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Atlanta-based and Charlotteville, Va.-based reported their planes for the property at 222Mitchell Street, but they did not discloses financial terms of the The 350,000-square-foot structure was built in stage from 1929 to 1979 on 2.1 acresz and occupies the entire city block bounded by Forsyth, Mitchell and Nelson Streets. Orinda and Octagon will convergt the property into a rental buildinhg with 205 loft units and morethan 70,00p square feet of commercial space. Occupancgy is expected in January 2011.
“The redevelopment of 222 Mitchell Street into rentall lofts and retail spacee will play a significant role in the rebirt h of this part ofdowntown Atlanta,” said Dillom Baynes, president of in a statement. “We’re certain that living at 222 Mitchelp Street will appeal to youngb professionals whowork downtown, as well as to collegd students, especially those who already attend one of the many fine institutiones in the area, such as Georgiq State University, Spelman, Morehouse, Clark Atlantas University and Georgia Tech.
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